Building & Engineering

Hong Leong Asia’s attributable net profit climbs 19% YoY to $64.9m in FY23

Improved contributions from the company’s JVs and associates drove the increase.

Hong Leong Asia’s attributable net profit climbs 19% YoY to $64.9m in FY23

Improved contributions from the company’s JVs and associates drove the increase.

ST Engineering’s Urban Solutions secures smart car park contract at Dubai Mall

The project aims to facilitate automatic and ticketless parking fee collection.

ST Eng’g net profit up 9.6% to $586.5m in 2023; total dividend is 16 cents

Revenue for its commercial aerospace and USS segments rose.

OKP secures two LTA contracts to enhance commuter safety

The two contracts are worth a total of $102.1m.

ST Engineering promotes 5G-enabled smart rail operations

The company will bring the technology to markets including Europe.

Smarter, safer digital solutions: How construction companies can prepare for Singapore’s new safety requirements

An escalating emphasis on the safety of construction workers in Singapore has prompted the Singapore Ministry of Manpower (MOM) to launch a new series...

GlobalFoundries' revenue declines 9% in 2023

The company’s net income also decreased 30%.

Tee International to delist from SGX-Mainboard on 16 February

The company will exist as an unlisted public limited company with all its shareholders.

Boustead Projects to delist from SGX Mainboard on 9 February

The company will delist with no compulsory acquisition.

Pan-United’s profit soars 56% YoY to $36.3m in FY23

The increase gave the company’s basic earnings per share a 56% YoY boost.

Exit offer for Boustead Projects closes

It received valid acceptances amounting to 74,998,330 shares.

Seatrium bags $400m sustainability loan from UOB

Last year, the group secured over $2b worth of sustainability-linked loans.

Gov’t to introduce enhancements to Standard Consultancy Agreement

The changes will maintain fair and timely pay for consultants in public-sector projects, amongst others.

Singapore seeks to mitigate rising sea levels, hotter temperatures

Amongst climate mitigation plans include reclaiming around 800 hectares of land.

Alpina secured $34.2m worth of new contracts in 2H23

The contracts cover a total of 6 projects.